398 Radcliffe RdSyracuseNY13214
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Syracuse at 398 Radcliffe Rd, Syracuse, NY, 13214 priced at $219,900 converts $1,530/mo rent into $62/mo cash flow after a $1,076/mo obligation. Total monthly income equals $1,530/mo, and annual cash flow totals $742/yr on $72,897 invested. Return on cash invested prints 20.93% in year one, and rental yield reads 8.35% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 108.95% and total cumulative return in cash sums $79,420. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,530/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1952
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 13214, Syracuse, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,279 (100%) |
| Owner Occupied HU | 2,122 (64.7%) |
| Renter Occupied HU | 937 (28.6%) |
| Vacant Housing Units | 220 ( 6.7%) |
| Median Home Value | $236,224 |
| Average Home Value | $339,109 |
Housing Distribution
Address Breakdown
Residential
3,233
Single Family
2,573
Multi-Family
660
Businesses
462
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Nearby investment properties with comparable prices
Listed by: Marianne Kawelo • Hunt Real Estate Era
Mls Name: NYSAMLSs
Mls Provider:
Mls ID: #S1599829
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